Portugals painful austerity programme runs into trouble

Published: April 11, 2013, 4:30 p.m.

Pedro Passos Coelho, Portugal\u2019s prime minister, is one of Europe\u2019s staunchest backers of austerity. But his government\u2019s painful two-year programme of structural adjustment has yet to deliver the results promised. And late last week, the country\u2019s constitutional court issued a ruling that could fatally undermine his efforts to get the economy back on track.


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